Nifty Spot View: 07/02/2024
CMP: 21929.40
Moving AVG (EMA) 20 Hour & 40 Hour: 21863 & 21804
Moving AVG (EMA) 20 Day & 40 Day: 21639 & 21391
Support & Downside Range: 21860—21775 zone, 21660—21640 zone, 21135
Resistance & Upside Range: 22125—22330---22420--22505
Short Term Trend Reversal Level: --
Trading View: In today's intraday trading session key level to watch is 21860—21775 support zone as long as nifty remains above this support zone it's intraday bias remains bullish for upside minimum 22125 to 22330 and max 22420 to 22505 levels, whereas after opening if 21860—21775 manage to break then we may again see weakness to building up market and we may slowly head lower.
CMP: 21929.40
Moving AVG (EMA) 20 Hour & 40 Hour: 21863 & 21804
Moving AVG (EMA) 20 Day & 40 Day: 21639 & 21391
Support & Downside Range: 21860—21775 zone, 21660—21640 zone, 21135
Resistance & Upside Range: 22125—22330---22420--22505
Short Term Trend Reversal Level: --
Trading View: In today's intraday trading session key level to watch is 21860—21775 support zone as long as nifty remains above this support zone it's intraday bias remains bullish for upside minimum 22125 to 22330 and max 22420 to 22505 levels, whereas after opening if 21860—21775 manage to break then we may again see weakness to building up market and we may slowly head lower.
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NOTE: TREND REMAINS BULLISH ABOVE 21860—21775, TREND TURNS WEAK BELOW 21860—21775.
